Group 1 - Everbright Wealth Management participated in the offline IPO subscription of Xintong Electronics at a price of 17 yuan, becoming the first bank wealth management company to do so in the industry [1] - Xintong Electronics, established in 1996, has a competitive advantage in technology and a market share of 25%-30% in the intelligent inspection system for transmission lines, and is the leader in the communication operation and maintenance intelligent terminal market [1] - The revenue of Xintong Electronics is projected to grow by 19.08% and 7.97% in 2023 and 2024 respectively, while net profit is expected to increase by 5.60% and 15.11% in the same years, indicating strong growth potential [1] Group 2 - The Chinese government has taken steps to facilitate the participation of bank wealth management products in the capital market, treating them equally with public funds in terms of IPO subscription and other investment opportunities [2] - The elevation of bank wealth management to Class A investors and their inclusion as priority allocation objects for IPOs is expected to enhance the allocation of financial resources and support high-quality development of the real economy [2] - Everbright Wealth Management remains optimistic about the future of the Chinese capital market and plans to increase its presence in this area while effectively managing risks [2]